We welcome the start of trading on the Shanghai-London Stock Connect. Today, for the first time, international investors are able to access China A-Shares outside China via Global Depositary Receipts (GDRs) traded on the London Stock Exchange.
“The significance of today should not be underestimated, particularly for investors who haven’t had access to Chinese listed stocks before. This scheme also reinforces London’s position as an innovative and global financial centre”
said Stanislas Beneteau, Regional Head of Financial Intermediaries & Corporate Client Line at BNP Paribas Securities Services.
“The Shanghai-London Stock Connect scheme is an important step for European and Chinese investors alike. With the growing importance of Chinese securities within the portfolios of international asset managers, the continued evolution of the different access schemes provides investors with a range of options to access the market in keeping with their individual preferences”
said Gary O’Brien, Regional Head of Custody Product at BNP Paribas Securities Services.
BNP Paribas Securities Services has been working closely with market infrastructures, as well as clients across London and several Asian locations, to support them in accessing the scheme.
The bank offers a full range of custody, outsourcing, and middle office services to support those participating in the Shanghai-London Stock Connect scheme. This latest development further enhances the global and local connectivity that BNP Paribas Securities Services provides to banks, brokers, institutional investors and issuers.
Shanghai-London Stock Connect: a step forward in an evolving landscape
What is Shanghai-London Stock Connect?
China: Five questions raised by foreign investors about Stock Connect, Bond Connect and more
China Securities Regulatory Commission
London Stock Exchange